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Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia
Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia

Business Times

time3 days ago

  • Business
  • Business Times

Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia

[SINGAPORE] Delfi posted a 37.7 per cent drop in net profit to US$12.2 million for its first half ended Jun 30, 2025, from US$19.6 million in the previous corresponding period. Excluding a non-recurring item resulting from the streamlining of its Philippine manufacturing operations, net profit would have been down 33.9 per cent to US$12.9 million, the chocolate confectionery company said in a bourse filing on Tuesday (Aug 12). Earnings per share stood at 2 US cents for the half-year period, down from 3.2 cents the previous year. In the half-year period, the company said it had spent more on promotions in Indonesia to drive the growth of its key brands and to address heightened competitive pressures. Meanwhile, its agency brands in Indonesia recorded lower sales, on the back of reduced promotion spending by some agencies, it said. Revenue for H1 fell 0.5 per cent to US$259.6 million, from US$260.8 million in the year before. This was primarily due to a softer performance in Indonesia, but largely offset by growth in its regional markets. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The top line also reflected the impact of a weaker Indonesian rupiah against the US dollar during the period, Delfi said. An interim dividend of 1 US cent (1.28 Singapore cents) a share was declared for the half year, down from 2.72 Singapore cents the year before. The dividend will be paid on Sep 12, after books closure on Aug 28. Delfi expects the operating environment to remain challenging in the rest of 2025 and into 2026, shaped by ongoing geopolitical tensions, macroeconomic headwinds and uncertainty in global trade. Persistently high cocoa bean prices also remain a major headwind for chocolate manufacturers globally, and are expected to continue hurting industry earnings, it said. Shares of Delfi closed S$0.01 or 1.2 per cent higher at S$0.85 on Tuesday, before the results were released.

The Maggie Pills - Announce Sophomore Album 'Hearts Enduring Lingering Loss'
The Maggie Pills - Announce Sophomore Album 'Hearts Enduring Lingering Loss'

Scoop

time11-07-2025

  • Entertainment
  • Scoop

The Maggie Pills - Announce Sophomore Album 'Hearts Enduring Lingering Loss'

Naarm/Melbourne's fierce and unflinching post-punk outfit The Maggie Pills have just announced their sophomore record 'Hearts Enduring Lingering Loss' - due out Friday, August 22, via Cheersquad Records & Tapes. Alongside this announcement is their visceral single, 'Goths Of Disgrace', a fuzz-drenched, slow-burn track where menace and melody intertwine. Lead singer Delfi Sorondo's vocals float just above the chaos, as she trades melodic lines with angular guitar through the verses. Drawing from goth and punk influences, the track leans into dissonance without losing its haunting charm - a soundtrack for spirals, self-sabotage, and all the sweetness we somehow keep pushing away. "It's about wanting something deeply - a project, a relationship, a life - and doing everything possible to destroy it," Delfi shares. "We put bitterness where we want sweetness. The art of love and the art of war get mixed up in the most confusing ways." To mark the release, The Maggie Pills will perform at Naarm/Melbourne's Shotkickers on Friday, July 25. They will also bring their visceral live show to some of the city's most iconic venues later in the year, including Northcote Social Club, The Old Bar, The Night Cat and The Brunswick Ballroom. In the live arena, the group has shared the stage with Black Lips (USA), Shihad, Cable Ties, The Meanies, Battlesnake, The Mark Of Cain and Private Function and have sold out multiple headline shows, including their 'GOLD' single launch. Led by Argentinian frontwoman Delfi Sorondo and Venezuelan drummer Mario Perez, the group formed in 2019 shortly after both members immigrated to Australia. Their music has been supported by triple j, triple j Unearthed, Double J, and Australian Community Radio stations such as 3RRR, PBS, 2SER, and 4ZZZ, among many others. In the blogosphere, they have seen support from Rolling Stone (AUS), Pilerats, Backseat Mafia (UK/AUS), Blunt Magazine, The Music, Wall of Sound, Tone Deaf, and HEAVY Magazine.

Jackal or pet dog? Animal cremated by forest dept lands into identity dispute
Jackal or pet dog? Animal cremated by forest dept lands into identity dispute

Time of India

time02-07-2025

  • Time of India

Jackal or pet dog? Animal cremated by forest dept lands into identity dispute

Barwani: What started as a routine wildlife protocol of disposing of a road kill spiralled into a heated dispute over species identification, leaving a grieving dog owner demanding answers and forest officials standing firm on their scientific assessment. The controversy began on June 28 when a dead canine was discovered on Baradwari Road in Sendhwa town. Following standard procedure, forest department officials conducted a postmortem examination through veterinarians, who identified the carcass as a 5-year-old female jackal. The animal was subsequently cremated in Sali Kala forest area, with its viscera preserved for further examination - all according to established wildlife protocols. But the story took an unexpected turn when photographs of the deceased canine began circulating on social media. Dr Gangaram Singoria, a progressive farmer from Sendhwa area, saw the images and was struck by a devastating recognition. He claimed the animal was not a wild jackal, but his beloved pet German Shepherd 'Delfi.' "On the night of June 27, my German Shepherd pet 'Delfi' ran away somewhere due to the noise of crackers during a kid's birthday," Singoria explained. "The next day, I came to know that the forest department cremated an animal, but when I saw its photos, it became clear that it was my pet." Singoria believes his pet, terrorized by the local fear of dogs in the area, was beaten to death by unknown individuals. "Due to the terror of dogs in the area, my pet was beaten to death by unknown people. Upon receiving the information, the forest department cremated it, claiming it to be a female jackal," he stated. The grieving pet owner has mounted a determined campaign to prove his case. He received his two German Shepherd puppies as gifts 12 years ago and has been comparing photographs of the dead animal with pictures of Delfi when she was alive. These images have been shared with media outlets and circulated on social media as evidence of his claim. Singoria has formally challenged the forest department's identification, writing detailed letters pointing out discrepancies in "shape, weight, and other things." However, he alleges that officials are refusing to provide the information he has requested. The forest department, however, remains unwavering in its assessment. DFO Sendhwa IS Gadria said that proper procedures were followed throughout. "According to the report of veterinarians, it was a 5-year-old female jackal, and being a wild animal, it was cremated as per the rules. Its viscera was preserved and sent for examination," he said. Forest department ranger MS Mandloi issued a press note reaffirming the department's stance. The note clarified that the postmortem examination was conducted by qualified veterinarians who declared the animal to be a female jackal, providing an official postmortem examination report to support their conclusion. Mandloi's statement included a crucial procedural point: "If it had been a bitch, then the forest department wasn't supposed to cremate it" - highlighting that their cremation of the animal was specifically done because they identified it as wildlife requiring such protocol. The dispute has created an unusual standoff between scientific assessment and emotional conviction. On one side stands the forest department with veterinary expertise, official procedures, and postmortem reports. On the other is a pet owner armed with photographs, personal knowledge of his animal, and the heartbreak of losing a 12-year-old companion.

BankRadar Partners with Delfi to Bring Real-Time Balance Sheet Intelligence to Banks of All Sizes
BankRadar Partners with Delfi to Bring Real-Time Balance Sheet Intelligence to Banks of All Sizes

Associated Press

time28-05-2025

  • Business
  • Associated Press

BankRadar Partners with Delfi to Bring Real-Time Balance Sheet Intelligence to Banks of All Sizes

NEW YORK--(BUSINESS WIRE)--May 28, 2025-- BankRadar, a performance analytics and incremental growth advisory firm, has announced a strategic partnership with Delfi to bring Delfi's powerful real-time risk simulation tools to a broader network of banks, credit unions and investor groups. This collaboration will empower financial institutions to dramatically reduce risk and make more informed decisions regarding Asset-Liability Management (ALM). The announcement follows Delfi's debut at the 2024 Finovate Fall Conference, where Delfi was awarded 'Best Of Show' for solving the need for proactively managing asset and liability portfolios. The Delfi platform transforms traditional ALM processes by allowing financial institutions to instantly simulate the before-and-after effects of balance sheet decisions using their own key performance indicators, offering actionable insights that eliminate the delays, inefficiencies and high costs associated with conventional methods. 'Delfi is revolutionizing balance sheet management, accelerating growth, and creating substantial cost savings for financial institutions of all sizes,' said Thomas Penton, Founder/ CEO of BankRadar. 'While competitors remain trapped in a purely reactive ALM model with elevated risk exposure, Delfi's data analytics and true artificial intelligence unlocks opportunities to defend margins and enhance performance and valuation.' By integrating Delfi into its advisory ecosystem, BankRadar is ensuring that institutions of all sizes have access to technology that was once reserved for large, resource-rich banks. Banks and credit unions implementing Delfi's secure platform can eliminate hundreds of hours of manual data analysis and shift to proactive risk and portfolio management, ultimately delivering smarter, faster, and more confident financial decisions. 'BankRadar's extensive industry network will amplify our reach among the financial leaders we aim to serve,' said Daniel Ahn, co-founder and CEO of Delfi. 'Their reputation for identifying and partnering with truly groundbreaking fintech innovators made them an ideal collaborator for us. We're already seeing impressive results from early adopters, with institutions enjoying more strategic responsiveness and earning stability to market volatility.' Institutions interested in secure access to Delfi Essentials can contact the BankRadar team at View source version on CONTACT: Patrick Guilshan [email protected] 678-781-7232 KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY FINANCE FINTECH CONSULTING BANKING PROFESSIONAL SERVICES SOFTWARE DATA ANALYTICS DATA MANAGEMENT ARTIFICIAL INTELLIGENCE SOURCE: Delfi Copyright Business Wire 2025. PUB: 05/28/2025 10:04 AM/DISC: 05/28/2025 10:04 AM

BankRadar Partners with Delfi to Bring Real-Time Balance Sheet Intelligence to Banks of All Sizes
BankRadar Partners with Delfi to Bring Real-Time Balance Sheet Intelligence to Banks of All Sizes

Business Wire

time28-05-2025

  • Business
  • Business Wire

BankRadar Partners with Delfi to Bring Real-Time Balance Sheet Intelligence to Banks of All Sizes

NEW YORK--(BUSINESS WIRE)--BankRadar, a performance analytics and incremental growth advisory firm, has announced a strategic partnership with Delfi to bring Delfi's powerful real-time risk simulation tools to a broader network of banks, credit unions and investor groups. This collaboration will empower financial institutions to dramatically reduce risk and make more informed decisions regarding Asset-Liability Management (ALM). The announcement follows Delfi's debut at the 2024 Finovate Fall Conference, where Delfi was awarded "Best Of Show" for solving the need for proactively managing asset and liability portfolios. The Delfi platform transforms traditional ALM processes by allowing financial institutions to instantly simulate the before-and-after effects of balance sheet decisions using their own key performance indicators, offering actionable insights that eliminate the delays, inefficiencies and high costs associated with conventional methods. 'Delfi is revolutionizing balance sheet management, accelerating growth, and creating substantial cost savings for financial institutions of all sizes,' said Thomas Penton, Founder/ CEO of BankRadar. 'While competitors remain trapped in a purely reactive ALM model with elevated risk exposure, Delfi's data analytics and true artificial intelligence unlocks opportunities to defend margins and enhance performance and valuation.' By integrating Delfi into its advisory ecosystem, BankRadar is ensuring that institutions of all sizes have access to technology that was once reserved for large, resource-rich banks. Banks and credit unions implementing Delfi's secure platform can eliminate hundreds of hours of manual data analysis and shift to proactive risk and portfolio management, ultimately delivering smarter, faster, and more confident financial decisions. 'BankRadar's extensive industry network will amplify our reach among the financial leaders we aim to serve,' said Daniel Ahn, co-founder and CEO of Delfi. 'Their reputation for identifying and partnering with truly groundbreaking fintech innovators made them an ideal collaborator for us. We're already seeing impressive results from early adopters, with institutions enjoying more strategic responsiveness and earning stability to market volatility.' Institutions interested in secure access to Delfi Essentials can contact the BankRadar team at

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